British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 27 May 2024
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What we verified from this filing12 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date15 May 2024
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- statutory basisBankruptcy and Insolvency Act
- secured creditorsnote: Approximate amount stated ('approximately $8,500'); Statement of Affairs total secured claims reported as $98,550 (component amount, not summed further here) · page: 2 · as of: Statement of Affairs filing · amount: 8500 · debtor: Houston Electric and Controls Ltd. · creditor: Ford Credit Canada Leasing · currency: CAD · security: PPSA registered security interest (BC PPR search, January 3, 2024) over Ford T250 vehicle
- secured creditorsnote: Deemed trust claim for unremitted payroll source deductions; ranks in priority to other creditors; no proof of claim filed yet, amount per Company's internal tax liability report, Trustee still confirming with CRA · page: 2 · as of: internal tax liability report · amount: 204154 · debtor: Houston Electric and Controls Ltd. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Estimated priority/secured wage claim; personal names not stated · page: 3 · as of: May 15, 2024 (Date of Bankruptcy) · amount: 2000 · debtor: Houston Electric and Controls Ltd. · creditor: Employees (wage earners) · currency: CAD · security: Statutory security over current assets pursuant to s.81.3(1) BIA, to extent of $2,000
- unsecured creditorsnote: Document names no individual unsecured creditors; no proofs of claim filed as of report date ('Filed' column shows Nil); table on page 2 shows unsecured $418,219 and total $516,769 but narrative on page 3 states total unsecured creditors of $516,768.78 - exact dated figure used · page: 3 · as of: Statement of Affairs filing · basis: Statement of Affairs as reported · amount: 516768.78 · debtor: Houston Electric and Controls Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceBritish Columbia